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but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of losses, i don't own an iphone. i do own apple stock. i figure they get it right this time. it's been a huge hit. the stock is down from 700. [talking over each other] [talking over each other] sandra: all right, here's another one. last night at 12 national 12 -- though 12 mccartney played the role of kurt cobain. courtney love was not excited about that. what did you think about this performance? >> kurt cobain is
but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of...
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they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on
they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see....
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Dec 13, 2012
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> if you had the means to take a closer look at your genetic makeup, would you want to know the risks that you and your children would face even if there were no cure? the mapping of the human genome and now the cost for an individual's whole-genome sequencing is $7500 and falling fast. one day the pregnant tea tests at the drugstore. joining me now in "the situation room," an article you wrote in the cover of "time" magazine, thanks for joining us. walk us through, what would this test show? >> well, this
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no...
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google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very impor
google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right...
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works is going to have seemed to be to leave little messages to go to google groups approving it will be will escape through. the consequences or nobody will be targeting them as terrorists. looks like we've lost a guest there we're going to try to get that interview back for you that was dr ali mohamed the editor in chief of the syria tribune online magazine. well the death of former russian spy alexander litvinenko who was poisoned in london six years ago is again in the spotlight a testimony at a preliminary hearing into the incident suggest that living go was a paid british intelligence agent and that the russian state was involved in as murder charges or spencer's in london and is following those developments for us this is not just about the sort of salacious details of spying on the world there is there are wider implications of this and of course it has been the major stumbling block in u.k. russian relations for the last six years since it happened and it comes up every time there's any kind of problem in the relationship between russia and the u.k. and of course the main pro
works is going to have seemed to be to leave little messages to go to google groups approving it will be will escape through. the consequences or nobody will be targeting them as terrorists. looks like we've lost a guest there we're going to try to get that interview back for you that was dr ali mohamed the editor in chief of the syria tribune online magazine. well the death of former russian spy alexander litvinenko who was poisoned in london six years ago is again in the spotlight a testimony...
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google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not available on the ipad just yet. waiting for that. there's no integration with contacts so if you have your doctor's address savedded in the contacts, you can't get it seamlessly put in the application just yet, but that's just a matter of time. google share's doing well. we think, probably, because of the release. lots of hype today. connell: up over 700. good to have the turn-by-turn, and turn where you are supposed to be going, another key to this. thank you. >> thanks. connell: a good show last night, the 12-12-12 concert in madison
google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not...
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actually if you google that you will find out i have the number one comedy tour and cd in the country. [ bell chimes ] [ applause ] >> uh-huh. >> stephanie: i'm not looking for a debate. that will be over quickly. all right. i dare you to call anyway dave. call me. it shocks me when i see such clueless anti-americans, and a radio show to boot. stunning. [ applause ] >> stephanie: awesome! there's a lot more. >> oh, yeah. >> stephanie: joshua in ohio. hello, josh. >> caller: hello? >> stephanie: hi josh, go ahead. >> caller: i'm calling in about the steven crowder assault video. >> oh that. >> caller: yeah that piece of fake edited trash. everywhere you turn on the tv since yesterday, everybody d chris matthews al sharpton they all point out how highly edited the tape was. >> stephanie: right. >> caller: but then they go we don't agree with the violence, but i found a less edited version of the video -- >> stephanie: right. >> caller: in the strangest of places, on hannity's show. i have the link and everything but if you watch it this must have been his preliminary edit but there's ab
actually if you google that you will find out i have the number one comedy tour and cd in the country. [ bell chimes ] [ applause ] >> uh-huh. >> stephanie: i'm not looking for a debate. that will be over quickly. all right. i dare you to call anyway dave. call me. it shocks me when i see such clueless anti-americans, and a radio show to boot. stunning. [ applause ] >> stephanie: awesome! there's a lot more. >> oh, yeah. >> stephanie: joshua in ohio. hello, josh....
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the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >> wash my hair. no, i had a -- no, i would have come. i did. i had a lunch. >> it was in the city. >> no. >> you were so close, you came across the bridge? >> i also had to meet with my style team. >> okay. >> my style is lacking, apparently. >> another historic night at madison square garden and the 12-12-12 concert brought relief for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually
the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >>...
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google maps is back for apple's iphone 5. the new google maps app for the iphone was released last night. it comes out three months after apple replaced google maps with its own mapping technology. as many of us know, that was a complete disaster. as we have reported. so now google maps are back on the iphone. it was so bad, apple axed two of their executives because that software was so bad. so smart move, apple. thank you. >> and their ceo came out and said we really screwed up. the whole reason for this relationship falling apart between apple and google and the reason apple went on their own, google did not want to give apple access to turn-by-turn directions, which is very important to some of us. >> myself included. >> i'm like go north? is that right or left? >> exactly, the digital world is a little competitive there. i have trouble on the set. >> last time i got off the subway, i started walking in the wrong direction. i have no sense of direction. >> me either. no one. my entire family. >> here's a look at your weat
google maps is back for apple's iphone 5. the new google maps app for the iphone was released last night. it comes out three months after apple replaced google maps with its own mapping technology. as many of us know, that was a complete disaster. as we have reported. so now google maps are back on the iphone. it was so bad, apple axed two of their executives because that software was so bad. so smart move, apple. thank you. >> and their ceo came out and said we really screwed up. the...
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now, google has released a new downloadable maps app for the iphone. this comes after am removed google maps in favor of its own software. that app led to an apology from app apple's ceo tim cook. the new map allows for turn by turn basis. it is available for download now from the itunes apps store. both apple and google shares are down about .5% and that is in line with what we're seeing in the broader index. so now, american airlines critters reportedly would prefer an all-stock merger with rival us airways. reports say a sdis decision by amr on whether to pursue a deal or remain a stand alone company is expected next month. america filed for bankruptcy last year. amr critters would own 730% of the airlines with a value of potentially $8.5 billion. >>> and jeffrey the ga rav won't be getting out much over the next few weeks. for the third straight year, toys r us says it will keep stores over 24/7 to 10:00 p.m. on christmas eve. the retailer's flagship store has been opened around the clock since december 2nd. toys r us joins macy's on the late shift
now, google has released a new downloadable maps app for the iphone. this comes after am removed google maps in favor of its own software. that app led to an apology from app apple's ceo tim cook. the new map allows for turn by turn basis. it is available for download now from the itunes apps store. both apple and google shares are down about .5% and that is in line with what we're seeing in the broader index. so now, american airlines critters reportedly would prefer an all-stock merger with...
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about google searches. the top google searchs of 2012? some of these are surprising. number one, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. >>> i am greg gutfeld. welcome to "red eye." or as i am known in canada, the ontario open robe. let's go to andy levy for a pre game report. andy, what is coming up on tonight's show? >> way to nail that cold open. our top story, is a white tennis player imitating serena williams racist? why not? everything else is. and would we have a budget deal if women were in charge? women say yes, but men say, football, video games. and in the midst of a contract dispute, flight attendants choose to select lively -- selectively with 408d -- withhold services. greg? >> what is wrong with your left sleeve? >> what is that? >> what is wrong with your left sleeve? >> i don't believe anything is wrong with it. >> i believe som
about google searches. the top google searchs of 2012? some of these are surprising. number one, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. >>> i am greg gutfeld. welcome to "red eye." or as i am known in canada, the ontario open...
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google is investing in stem education to see what we can do better. the big frustration, when we talk about education and many of the other social problems, when you see that there has been such a dramatic technological change and yet we have not really done anything to increase our education system. are there ways we can do things a little differently, particularly in the pre-k troops elementary school so we can see if we can use these on- line resources to reach more kids, to get them to think beyond, to do the type of things you are talking about, to introduce them to world beyond our borders. -- pre-k through eighth grade. to cut some of the costs by allowing kids to enter world's and drums that they never had been allowed to enter before through technology. i think we need to really spend more time figuring out how we have changed that paradigm, particularly for the pre-k high school, but even in college. how can we learn better, based on what we know today. >> steven moore before we open it up to question. glenn mentioned corporate tax reform ea
google is investing in stem education to see what we can do better. the big frustration, when we talk about education and many of the other social problems, when you see that there has been such a dramatic technological change and yet we have not really done anything to increase our education system. are there ways we can do things a little differently, particularly in the pre-k troops elementary school so we can see if we can use these on- line resources to reach more kids, to get them to...
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google reports more folks wanted to know about the korean performer who dances like he's riding horseback. psy could not knock whitney houston from the top of searches in 2012. the death prompted more searches than the gangam music style that went viral. >>> got crisis? according to the "wall street journal," which our parent company own, the milk business could be in for a long-term troublesome time. the journal points to statistics show not guilty 1975, each american drank 28 gallons of milk. gross. you see, then that number has fallen. the journal reports it's because of price increase examines more people being concerned milk is high in calorie, which it is, and turning to bottled water. the milk companies are fighting to win back customers, pushing back with protein enhanced milk. more news for dairy lovers. scientists in europe say they found the oldest evidence yet of cheese making. 7500 years old. researchers tested pottery fragments from poland, which had strainers that could have helped make beer, honey or cheese. hopefully beer. they say they found lots of fatty milk residue, s
google reports more folks wanted to know about the korean performer who dances like he's riding horseback. psy could not knock whitney houston from the top of searches in 2012. the death prompted more searches than the gangam music style that went viral. >>> got crisis? according to the "wall street journal," which our parent company own, the milk business could be in for a long-term troublesome time. the journal points to statistics show not guilty 1975, each american drank...
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. >> they are going up against google, they are revamping their apps, what's going to be ironic is when they get a takeout bid when the stock travels up to 30 bucks again. >> all right, jane. >> all right. the pope will want to know that instagram doesn't support twitter and yahoo! does because he just sent his first tweet. o-m-g, and not the g in vain. dear friends. i am pleased to get in touch with you through twitter. i bless all of you from my heart he has already a million followers. but he is following seven on twitter. who? actually just seven of himself in different languages. even if the pope's tweeting, how long before twitter is public? >> why does he need to follow himself if he knows what he has tweeted because he tweeted it? >> i -- >> not that good with the thing. >> papal trinity thing, i -- >> um -- twitter, public? thoughts? >> to me, i've said this, i think facebook has a ton of problems. if you woke up tomorrow morning, they said they were going to use their $10 billion in cash plus stock to buy twiter, you would have that stock back up to the ipo price like that. >>
. >> they are going up against google, they are revamping their apps, what's going to be ironic is when they get a takeout bid when the stock travels up to 30 bucks again. >> all right, jane. >> all right. the pope will want to know that instagram doesn't support twitter and yahoo! does because he just sent his first tweet. o-m-g, and not the g in vain. dear friends. i am pleased to get in touch with you through twitter. i bless all of you from my heart he has already a...
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not one reporter who reported that remark went to google -- and i did -- looked at that speech and said as a matter of fact he talks about the role of religion. he talks about the priests in his life. so it's sort of like you're just -- i understand that on deadline it could be difficult, but you're just allowed to spew this stuff and people don't even sometimes use the basic tools of journalism to say really? is that what president kennedy said? >> the best line in that speech which may be kennedy's best speech was the interest here is not what church i go to, it's what america i believe in. the issue on the table here is not my beliefs or faith or lack thereof, it's about this country and what this country should say to people of faith or no faith. it should be how we treat as americans all the different belief systems. >> let me up the ante on what joan just said. that's right. people didn't check. and on deadline, there may be an excuse. to me what happened a lot during this campaign is even when politicians and i think romney did this more than obama, are called out on lies. say wh
not one reporter who reported that remark went to google -- and i did -- looked at that speech and said as a matter of fact he talks about the role of religion. he talks about the priests in his life. so it's sort of like you're just -- i understand that on deadline it could be difficult, but you're just allowed to spew this stuff and people don't even sometimes use the basic tools of journalism to say really? is that what president kennedy said? >> the best line in that speech which may...
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here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there are two points to be made here. number one, eric schmidt did the right thing for his shareholders. they own the company. they want to share in the money that google makes. the ceo has the responsibility to act in their best interest. if google had brought the money back here, it would have been taxed at the highest rate in the developed world, 35%, and then if it were paid out in a dividend, the money would be taxed again at a rate that may get up to 43% next year. it's in the interest of the shareholders to park it in bermuda. he d
here's my take on google and bermuda. the story is this, google funneled nearly 10 billion dollars in to bermuda, where there is no corporate tax. google avoided about 2 billion dollars in worldwide taxes by doing that. by not bringing back specifically to america, they saved a whole lot more. the irony is that eric schmidt was ceo when the money was parked in bermuda, yes the pro-tax, pro-obama eric schmidt avoided the tax that president obama enforces. apart from the obvious hypocrisy, there...
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and decided online education is next and google didn't want to do it and we're backing him and it will be fun to see. >> marc andreessen, thank you for being here. send it back to the studios. >> this is embarrassing. she is like throwing herself at the camera. i've never seen this side of you. >> there's so few voices willing to say what he said out loud. >> andrew, we asked him to guest host. he can talk the disrupter stuff and politics. >> he's the ultimate disrupter. >> another guy came out. will you do that? >> marc? >> we will have him come out. he's on his way back. >> becky will be back by then so you don't have to worry about me. >> right. exactly. got it. >> she'll leave the ring. >> need some muscle to keep you away. >>> the weird thing with twitter you have only tweeted in your career 709 times. >> you're tracking me? >> no, i just looked. i don't know why they picked me. they must like the silent. i guess less is more because we're not big tweeters, the two of us. >> hold on. while we are on this topic and before he goes, marc andreessen not only has an investment but has
and decided online education is next and google didn't want to do it and we're backing him and it will be fun to see. >> marc andreessen, thank you for being here. send it back to the studios. >> this is embarrassing. she is like throwing herself at the camera. i've never seen this side of you. >> there's so few voices willing to say what he said out loud. >> andrew, we asked him to guest host. he can talk the disrupter stuff and politics. >> he's the ultimate...
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so google, the most searched things of the year. whitney houston was the biggest trending celebrity of the year. she passed away several months back. also, the justin bieber breakup with actress selena gomez was the most inquired about celebrity split. andy murray was the most searched olympian. "skyfall" topped the movie list. "gangnam" was the top trending song. and in fashion, british olympic kick designer stella mccartney was the top trending label of the year. >> can you believe it's going to be 2013 in a couple of weeks? this particular groom was going to the chapel to be married. the only problem, he was arrested and spent the night in jail. he was driving 100 miles per hour near valparaiso, indiana. officers saying he was switching lanes, almost totaled his jeep. they waited until he pulled into the church's parking lot. this as relatives were waiting and shouting at him to slow down before he performed a doughnut. he told police he was late for the wedding and just been released from jail earlier that day. didn't make the w
so google, the most searched things of the year. whitney houston was the biggest trending celebrity of the year. she passed away several months back. also, the justin bieber breakup with actress selena gomez was the most inquired about celebrity split. andy murray was the most searched olympian. "skyfall" topped the movie list. "gangnam" was the top trending song. and in fashion, british olympic kick designer stella mccartney was the top trending label of the year. >>...
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remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the same way. especially after speaking with numerous lawmakers today. everybody seems very firmly entrenched, although eamon with the news just a moment ago that john boehner has indeed sent the president a counter offer, though republicans, to a man, complained today that they do not know what cuts the democrats would like to make. senator harry reid coming out earlier today, saying, we're not going to offer up any cuts. we want the gop to put their cuts on the table. it is clear it is a game of finger pointing, which party is going to be made to look like the bad guys, because somebody's going to have to tell somebody no. that is cer
remember, i hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. see you back in new york tomorrow. >> and this is mission krill call, rise above washington, d.c. we're going to get to "fast money" in just a moment. but we've got to talk about what is going on here. you just heard maria's observation. she is not confident that a deal will get done. sadly, i feel the same way. especially after speaking with numerous...
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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> this just coming into "the situation room." dan lottian is reporting that the president of the united states and the house speaker spoke on the phone just a little while ago after house republican leaders sent over a counteroffer to the white house on the fiscal cliff negotiations. we don't know what's in the counteroffer. we don't know what president obama and john boehner actually discussed. we only
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching...
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particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic -- >> let me fill in the blanks. once we get to this fiscal cliff, there is a very clear innovation agenda that is in front of us. and the condition i think we will have the conditions as a result of the fiscal cliff being behind us and the election turning out the way it did to get at that. the first one i hope will be immigration where we'll create an ability to solve all the whole immigration problem, not just a piece that relates to technology companies, a lot of people say how are we going to compete with china with 1.3 bil
particularly here at google. we look at what -- web presence can do for a start-up as they increase their potential not only throughout this country but throughout the world. in terms of global exporting. their ideas and their innovations. those regulatory barriers have such a depressing impact on their abilities to get the job done. that is something government can do that doesn't really have any impact in terms of the cost, but can really produce benefits in terms of additional economic --...
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respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >> thank you. time for the "power lunch" rundown. welcome, gentlemen. first up treasury selling remaining aig shares and nets $22.7 billion in the process. a nice tidy sumbu it took a while and it was a lot of hard work to get that. >> yes, the question for historians to debate is whether or not the success of this aig bail ott will encourage future generations of lawmakers to say, hey, you know what, last trim we made $22 billion. let's do it again. it seems to work. that's the question from now until the next major financial collapse. i hope that's a long time from now but it's something to think about. >> i want to put out $22 billion sounds like a lot of money but only about a 3% return per year. the treasury really isn't as great a
respond to any of the juicy questions like whether the company needs new leadership or friday's report google is interested in groupon which sent it skyrocketing. given up gains, about 15% since friday. mason stressing groupon strength in mobile, a third his transactions on mobile devices saying mobile customers spend more and are more loyal. sue, over to you. >> thank you. time for the "power lunch" rundown. welcome, gentlemen. first up treasury selling remaining aig shares and...
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the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. bahrain's leading human rights activists is staying behind bars but nothing about jobs got a three year sentence reduced on appeal despite international pressure on the mall . he to stop persecuting political activists we talk more about that but later the story of an american woman who was forcibly sterilized as a teenager is part of a government program to build a so-called healthy nation as a couple of the many and very stories we got ahead of this. an artist was arrested for putting up posters critical of drone usage all over new york city the p
the question once before you actually interact tax avoid is ok to legally starbucks and amazon and google have been doing is ok's that you're saying there's a difference between tax avoidance and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax...
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google at 64%. that's important to note. the reason why these companies have so much cash overseas is that they've been global growth stories. when microsoft sells product overseas the proceeds go into accounts over there. don't come to the u.s. unless microsoft needs to buy something here. you can see it plays out in a company like apple, too, where international launches and international retail expansion have become far more important than the u.s. where growth is concerned. just five years ago apple had 58% of its cash in the u.s. this is actually a big issue for a company like cisco where john chambers has been very straightforward about saying if the federal government lets us repay treeuate this cash, bring it to the u.s. without a big penalty, we'll use it to hire and grow in this country. if not we'll hire less and, by the way, keep making bigger overseas acquisitions, too. all of this gets a bit dicier when you consider a lot of u.s. companies have gotten pretty good at avoiding tax on international sales by using
google at 64%. that's important to note. the reason why these companies have so much cash overseas is that they've been global growth stories. when microsoft sells product overseas the proceeds go into accounts over there. don't come to the u.s. unless microsoft needs to buy something here. you can see it plays out in a company like apple, too, where international launches and international retail expansion have become far more important than the u.s. where growth is concerned. just five years...
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people in this country it's not about happy google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people are due to discuss these companies do not the very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their advantage companies like. the head office is based in luxemburg which they claim is the center of the economic operations which is handy as luxembourg so well known tax haven where companies can enjoy a lower tax rate but hang on a minute we're here one of amundsen's must've this to be sentences based in the u.k. in fact the reality is that many of our customers men stood their employees and many were distribution centers like this while i respect base here in the united kingdom so it's not hard to see that the relatively small luxembourg office is nothing fact as they say at the heart of their opera
people in this country it's not about happy google at the moment it's really part of a much larger picture welcome to the world of tax avoidance illegal but morally suspect way companies and the wealthy have been dodging paying their fair share most people are due to discuss these companies do not the very taxation which is a criminal offense but are void taxation basically use existing facilities and legal loopholes in the different regulation and taxation between different countries to their...
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we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no
we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the...
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she runs google's washington office. she's always been on the cutting edge of things that really matter. let me start off by saying i do not think there is an anti- innovation caucus. i do not think there is anybody who is opposed to innovation. it is a little bit like apple pie or rg3. let me ask you all to describe what we really mean by innovation. what are the two or three priorities we ought to really be talking about? glenn? >> let's start on that side. >> i thought you'd start on that side. >> i go to my right first. >> there are three types of innovation. this is from the business perspective, our world. one is scientific innovation that allows the second innovation which is the technology innovation, to take the underlying discovery and commercialize its, turning it into a product that can be used for consumer customers. what is equally important is how you can then take a discovery, it turned into a technology, and you can deliver it in a way that allows you to build a business that gets you a margin that can s
she runs google's washington office. she's always been on the cutting edge of things that really matter. let me start off by saying i do not think there is an anti- innovation caucus. i do not think there is anybody who is opposed to innovation. it is a little bit like apple pie or rg3. let me ask you all to describe what we really mean by innovation. what are the two or three priorities we ought to really be talking about? glenn? >> let's start on that side. >> i thought you'd...
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starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this hour security tightens in egypt as law protests new supporters are nothing and so president mohamed morsi are said to confront each other again as the nation ready for a referendum on the job constitution plus. he says well. he won't have no bread. i said way way to maybe one day you mean. he's saying he will never hand and true. blood from having a baby we see if the victims of the usa jennings program have any chance of having their personal tragedies recognize this story and much more after a short break. an artist was arrested for putting up posters critical of drone usage all over new york ci
starbucks and amazon and google have been doing is ok's that you say i said there's a difference between tax avoiders and tax evasion tax evasion is illegal tax avoidance people are using the law to their benefit now if the law is wrong we need to change the law but for now the law continues to allow an exodus of profits made in britain meaning companies like amazon can keep getting away with paying less than the tax payers they're profiting from sarah firth r.t. london. also ahead for you this...
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google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy ended today. they will go ahead with the policy changes. the vote was 7-1 against the changes. facebook rules require 30% of subscribers to vote. only .07% voted in the election that ended today. >>> george hw abush remains -- george h. w. bush remains hospitalized. he is 88 years old. he is making progress but doctors haven't set a date for discharge. and doctors in south africa plan to perform more tests on nelson mandela who is 94 years old. he was admitted to the hospital over the weekend but no details were released about why he was hospitalized. >>> ford plans to update software to try to solve a problem. for
google says it was a global service disruption but after 5- 10 minutesb the service was -- minutes the service was back online. >>> the federal trade commission announced it is investigating certain mobile apps to app. they can capture a child's location, phone numbers and more. the fcc did not specify which companies it is investigating. the act requires companies to gets parental consent before collecting information from children. >>> the vote on facebook's privacy policy...
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what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right, finally, this john mcafee story is right out of hollywood. we need to start casting the movie. one likely candidate is vladic sheybal who played dr. boogalow. but i found the late, great roy shader, seen as bob fossey in "all that jazz." unfortunately, they are both dead. so, casting remains open. i see on the set one person with facial hair and i think -- if pete had a really, really, really hard weekend, monday morning, he could play john mcafee. >> i had a rough one this weekend, as a matter of fact. boy, that was tough. >> little extra time with tequila mocking bird. >> meggings were too tight? >> no meggings here. >> have you hear
what's the trade on google, pete? >> i like google, but i still think when you look at yahoo!, one of this things we talked about recently is, how yahoo! is actually starting to steal back some of that search. who are they stealing it from? they are taking some of it from google. i like this yahoo! story right now. i think you have more upside. >> amen. >> all right. >> we talk about it for awhile now. >> we have. we have. >> jane? >> all right,...
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google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds beyond our borders. there are opportunities to shake things up and to cut some of the costs by allowing kids to enter world's and realms of the have never been allowed to enter before through technology and we need to spend more time figuring out how we change that paradigm if we know it. particularly for the pre-k through high-school. how can we learn better based on what we know today? >> let me try two more before we open it up to questions. warren buffett says tax rates do not matter as much as a lot of people pretend when it comes to companies and investment and inno
google is spending a significant amount of money to see we can do better. what the big frustration is what we talk about education but many of the other social problems that we talked about, when you see that there is such a dramatic technological change and we have not done anything to abandon our educational system. we can see is their ways that we can use these ongoing on-line resources to reach kids and get them to think beyond, to do that type was of things to introduce them to worlds...
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...
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apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher right now, but i'm sure it is not. liz: what about the flash cube patent. dennis, what about you? >> mayor bloomberg could be in for holiday shopping. bloomberg media company may want to buy the financial times. any deal more for prestige and profits. preservation down 30% in four years, 300,000. yet bloomberg is a hungry acquirer. a deal here would give bloomberg 50% ownership of the economy. it could go for a price of $1.6 billion. valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business.
apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other people's weren't okay. lori: do you buy the end of the world this mayan forecast? melissa: when does it actually happen? lori: the 21st. melissa: i think more likely to happen on 12/12/12. lori: you have power to change it. melissa: things are heating up when it comes to solar, not a good way. many in california are wondering where is all the promised job creation??3 where is all the revenue? fox's william la jeunesse in los angeles with the latest. >> california utilities must get 20% of the their power from renewables. state and federal handouts
we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other...
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google it. i mean, actually, don't. just trust me. he did something he shouldn't have done according to some lady. >>> well, moving on, some of our top intelligence analysts are today warning that the u.s. is about to lose its status as the world's only surpower. ambassador john bolton's here live to weigh in next on who, if not us? >>> plus, we've got ann a groupf chrysler workers who got national attention two years ago when a tv news crew caught them on tape drinking and getting high on their lunch breaks from a rather important job, making your cars. >> you know, the government spent a lot of money bailing you guys out, and you're coming out here on your lunch. break drinking like this? where are you guys going, man? [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. >> it is a far-flung and testing operation but the u.s. navy is han
google it. i mean, actually, don't. just trust me. he did something he shouldn't have done according to some lady. >>> well, moving on, some of our top intelligence analysts are today warning that the u.s. is about to lose its status as the world's only surpower. ambassador john bolton's here live to weigh in next on who, if not us? >>> plus, we've got ann a groupf chrysler workers who got national attention two years ago when a tv news crew caught them on tape drinking and...
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basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to continue to deliver. one of the major reasons why these devices -- two major reasons they are so powerful is because of the processors and storage. so by the way, in storage, the rate of changes is double every nine months. the point is, in that technology world, you have to think about the company's producing innovation to stay ahead of the curve. >> now that they have an out, it to look at it. >> i don't know how to innovate. what strikes me about innovation, and this is something he gave us an example of a few minutes ago -- retroviruses -- retroviruses as part of the t
basic science innovation, technology innovation -- google is a good example. one anecdote -- i was on the board of a company that had about $13 billion in revenue. 90% came from products that were 120 days or less old. they had to reinvent nearly $13 billion of revenue. these are incremental invention, and understood technology. basically the file cabinets on any technological advice you have. that innovation has to come at all three levels inside that business on a continual basis for it to...
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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google is a good example of all three. i was on the board of a company [inaudible] they had about $13 billion in revenue. that revenue came from products that were 120 days below last told. they have to reinvent nearly $13 billion in revenue in 120 days. disk drives are the file drives on any technology you have. the innovation has to curb at all three levels for it to continue to deliver. one of the major reasons these devices are so small a powerful is because of the process. in storage, the rate of change is to double every nine months. you have to think about the company's to stay ahead of the curve. >> do you want to pick up on this? >> not fair. >> i do not know how to innovate. what strikes me about innovation -- richard virus turned into - an understanding of hiv aids. think of the internet -- it turned into the web. there is a myth about americans that we only care about innovation. the founders had innovation in the dna. the articles of confederation required standards of weights and measures. the most undervalue
google is a good example of all three. i was on the board of a company [inaudible] they had about $13 billion in revenue. that revenue came from products that were 120 days below last told. they have to reinvent nearly $13 billion in revenue in 120 days. disk drives are the file drives on any technology you have. the innovation has to curb at all three levels for it to continue to deliver. one of the major reasons these devices are so small a powerful is because of the process. in storage, the...